China’s central bank gave Mastercard the go-ahead on Tuesday (Feb. 11) to set up a bank card clearing business, granting access to a $27 trillion payments market, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
New data has found that the default levels for bank cards, auto loans and first mortgages have reached their lowest levels of 2018 within the past three months. The S&P/Experian Consumer Credit Default Composite Index shows that the composite rate rose one basis point from...
American Express, Mastercard and Visa are gearing up to submit licenses to get permission to operate in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
June 18, 2020
A new service from FIS, Open Banking Hub, will allow customers to pay for items directly from their bank account, which has the benefit of never making them enter information through a third-party site, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to […]
February 11, 2020
China’s central bank gave Mastercard the go-ahead on Tuesday (Feb. 11) to set up a bank card clearing business, granting access to a $27 trillion payments market, according to reports. ...
December 19, 2018
New data has found that the default levels for bank cards, auto loans and first mortgages have reached their lowest levels of 2018 within the past three months. The S&P/Experian...
July 21, 2017
American Express, Mastercard and Visa are gearing up to submit licenses to get permission to operate in China. Get the Full Story Complete the form to unlock this article and...
